Dow Set to Open Up
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The stock market rally came off morning lows to close mixed in the face of further big gains for Treasury yields and oil prices. The Nasdaq still is close to record highs but the Dow Jones and Russell 2000 hit fresh three-month lows.
Wall Street futures dropped on Thursday as the Middle East conflict remained far from a resolution while investors also exercised caution ahead of a keenly watched summit between Presidents Donald Trump and Xi Jinping.
The Dow Jones Industrial Average was trading lower thanks to bank stock weakness. The blue-chip index dropped 0.5%, or 232 points. Goldman Sachs and JPMorgan Chase were the two biggest stocks weighing on the Dow,
NOW PLAYING What Is The Dow Jones And What Does It Measure? Since its founding in 1896 with 12 stocks, the Dow Jones industrial average (DJIA) has included America's largest companies across a wide range of industries. Along with the S&P 500 and Nasdaq ...
Palantir is up nearly 2,700% from its low and has emerged as a leading SaaS stock.
Stocks on a suddenly shaky Wall Street ended the day roughly back where they started after whipping through a couple reversals.
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Dow Jones futures fall after soaring yields hit stocks, but Palantir flashes buy signal; Trump-Xi on tap
The stock market fell as Treasury yields skyrocketed and oil prices rose, but Palantir and Palo Alto flashed buy signals.
Nike’s stock faces another challenge in addition to the sportswear giant’s ongoing turnaround. The company is preparing to leave the S&P 100 after an 18-year run. Now, its falling share price has investors looking more closely at Nike’s position in the Dow Jones Industrial Average.